Australian Business Laws – What you Need to Know
There are various State and Federal Government laws and regulations that control Australian business environment and are related to protecting the community, facilitating fair competition and trading and ensuring that customers get a just deal. These also help to determine the legal rights of corporate and business owners in case of litigation and legal complications.
However, these laws cover a wide range of business matters and are often beyond the comprehension of owners. This is the reason why it is always preferable for small businesses and start-ups to contact small business lawyers in Melbourne or wherever the enterprise is located for expert and professional legal aid. Large firms do hire lawyers to tackle business related cases too but they often have teams of in-house professionals to tackle such exigencies.
Here are some of the aspects of Australian business laws.
Competition Laws – There is a national statutory setup in Australia that makes sure that businesses follow certain guidelines so that customers and consumers get a reasonable deal through fair and just business practices. This is administered and enforced by ACCC (Australian Competition and Consumer Commission) a statutory body set up by due legislation. In addition to this, every State and territory has its own laws that take care of consumer protection through a fair trading office. It offers advice to businesses on their rights and obligations. For example, in case of business property litigation in the state of Victoria a Melbourne property conveyancer will the right person to deal with the situation since he/she will be aware of the relevant State laws.
Product liability laws – There is a national regulatory framework in Australia that takes care of all aspects related to safety of products and information standards. The law is so structured that any product that is harmful or damaging to consumers and the environment is blocked from being marketed in Australia. These standards are also enforced by the Australian Competition and Consumer Commission (ACCC). Fair trading offices in all States and territories are responsible for enforcing these product safety laws and helping and guiding consumers.
Privacy laws – Australia has a national privacy legislation that controls and monitors how businesses and enterprises gather, access and store all types of personal information and communications related to the consumer for different sectors and activities. Additionally, States and territories too have separate individual privacy laws related to the workplace as well as process of doing business. This legislation is monitored and implemented by the Office of the Australian Information Commissioner (OAIC).
Consumer laws – This covers a wide range of aspects. The Australian Consumer Law (ACL) is primarily related to regulations governing product safety laws, lay-by agreements and penalties as well as unsolicited consumer agreements. Other areas that come under the jurisdiction of this law are consumer rights guarantees and unfair contract terms.
Apart from these, there are other State and federal laws that are mainly concerned with the environment where any process of approval of projects is initiated after ensuring that systems are in place to avoid polluting the surroundings in any form.